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Violation Tracker Individual Record

Company: Arthur J. Gallagher & Co.
Current Parent CompanyArthur J. Gallagher & Co.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $27,000,000
Year: 2005
Date: May 18, 2005
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Arthur J. Gallagher & Co. agreed to pay back $27 million to clients in settlement of allegations the insurance brokerage company accepted millions of dollars from insurers in exchange for steering clients toward those favored companies.
Level of Government: state
Action Type: agency action
Agency: Illinois Attorney General
Civil or Criminal Case: civil
Facility State: Illinois
Facility City: Chicago
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.